New Issue-Ohio Power Co sells $250 mln in notes
Sept 4 (Reuters) - Ohio Power Company, a subsidiary of American Electric Power Co Inc (AEP.N: Quote, Profile, Research, Stock Buzz), on Thursday sold $250 million of five-year senior notes, said IFR, a Thomson Reuters publication.
UBS Investment Bank, Calyon Financial and Citigroup Global Markets were the joint bookrunning managers for the sale. BORROWER: OHIO POWER COMPANY AMT $250 MLN COUPON 5.75 PCT MATURITY 9/15/2013 TYPE SR NOTES ISS PRICE 99.92 FIRST PAY 3/15/2009 MOODY'S A3 YIELD 5.769 PCT SETTLEMENT 9/9/2008 S&P TRIPLE-B SPREAD 290 BPS/ PAY FREQ SEMI-ANNUAL FITCH BBB-PLUS MORE THAN TREAS MAKE-WHOLE CALL 45 BPS
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